Only the Paranoid Survive

Andrew Grove calls a very large change in one of the competitive forces in an industry, a “10X” change, suggesting that the force has become ten times what it was just recently. In the face of such “10X” forces, a company can lose control of its destiny. Things happen to the business that did not before. The business no longer responds to the company’s actions as it used to in the past. What such a transition does to a business is profound, and how the business manages this transition determines its future. Grove describes this phenomenon as a strategic inflection point.